Prentiss Smith & Company Inc

Item 5: Fees and Compensation

  The fee charged for investment advisory services is a percentage of the assets under
  management. The fee is deducted from the account, or we will bill the client directly if that is
  the client’s preference. The standard account fee schedule is 0.75% per annum on amounts up
  to $5 million; 0.65% on the next $5 million; and 0.55% on assets over $10 million. Each
  client’s fee arrangement is contained in a written agreement with Prentiss Smith & Co., signed
  by the client. Fees are negotiable; no ranges for negotiation have been established.
  Non-discretionary assets are not actively managed by PSCo, and no fee is charged on these
  assets.

  The fee is payable in advance, every three months, based on the account value at the end of the
  previous calendar quarter. The per annum rate is divided by four, then applied to the market
  value to arrive at the quarterly assessment. The calculation of the initial fee commences with
  our receipt of assets to manage, unless an alternate arrangement is made. Fee calculation
  details are sent to the client along with our quarterly report. Accounts initiated or terminated
  during a calendar quarter will be charged a prorated fee. The contract can be terminated at
  any time by written or verbal notice from either the client or the advisor. The quarterly fee
  paid is refunded on a prorated basis upon termination of the contract.

          Prentiss Smith & Company, Inc. | ADV Part 2A Brochure Amended, June 18, 2026, Page 5

   Additionally, we review capital flows following the first six weeks of each quarter. If capital
   flows (into or out of the account) are 15% or more of the account's value at the end of the
   previous quarter, we apply a prorated fee adjustment, either a fee refund or an additional fee
   amount being charged.

   In addition to our management fees, clients may be charged a brokerage commission on trades
   executed (please refer to Item 12 of this brochure, Brokerage Practices) and may also be
   charged a custodial fee by their non-broker custodian. Where diversification would prove
   difficult due to account size, we may purchase mutual funds for clients. Occasionally, clients
   bring mutual fund shares previously purchased into their accounts. Our management fee is
   based on the entire market value of the account, which would include mutual fund shares.
   Since clients already pay a management fee to the mutual fund company, our additional fee
   results in clients paying two management fees on the mutual fund holdings.

   No employees of Prentiss Smith and Company receive compensation for the sale of securities
   or other investment products.

Item 7: Types of Clients

   Prentiss Smith and Company provides investment management services to Individuals, Trusts,
   Estates, Charitable Organizations, and Corporations. The minimum beginning account value is
   $250,000.00. This minimum may be waived on new accounts referred by current clients.